Region of Peel and Ministry of Transportation Work Together
on a new Highway 401 and Mississauga Road Interchange

(Brampton)
-- The Region of Peel and the Ontario Ministry of Transportation have agreed
on a joint venture for reconstructing the Highway 401 and Mississauga Road
Interchange, Regional Chair Emil Kolb and Minister of Transportation Brad
Clark announced today.

"We are pleased to be working with the province on this project,"
said Regional Chair Emil Kolb. "It's a fine example of governments
working together to improve services for Peel businesses and residents."

Total cost for the Interchange is estimated to be $18 million, with the
Ministry of Transportation contributing $12 million (66 per cent) of the
costs and the Region $6 million (34 per cent). Regional Council has approved
the expenditures for Peel's portion of the reconstruction of the Interchange.

Regional
Council also approved the cost for widening Mississauga Road from Highway
401 to Highway 407, and the new underpass at Syntex Drive. The Region will
be responsible for the cost of these works, which is estimated to be $8.5
million.

"The improvements to the Interchange and Mississauga Road will lead
to better traffic flow and help meet the needs of future development in
the area," said Mitch Zamojc, Public Works Commissioner for Peel.

The Region plans to widen Mississauaga Road from four to six lanes, plus
turning lanes from south of Highway 401 to Highway 407. The underpass at
Old Derry Road will link Syntex Court on the west to Syntex Drive on the
east.